GRIDGATE ApS — Credit Rating and Financial Key Figures

GRIDGATE ApS (CVR number: 31785391) is a company from FURESØ. The company recorded a gross profit of 39.8 kDKK in 2016. The operating profit was 74.7 kDKK, while net earnings were 53.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.5 %, which can be considered excellent and Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRIDGATE ApS's liquidity measured by quick ratio was 48.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.